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Federated States of Micronesia: 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Federated States of Micronesia - IMF Country Report No. 15/128
Raising growth and ensuring long-term fiscal sustainability remain the two critical issues of the FSM. The reform agenda, in particular, the tax reform package and growth-enhancing reforms, hinges on achieving a national consensus in a loosely federated nation.